Worldcoin moves to resume operations in Kenya
“Worldcoin is working directly with regulators to meet Kenya’s requirements, particularly as the Assembly considers new regulations,” a source said.
Worldcoin, the decentralized digital identification project, is currently in talks with the Kenyan government to resume operations under new guidelines. The controversial blockchain project was suspended in Kenya in August due to security and privacy concerns.
Stay ahead of the curve: Uncover the latest trends & avoid crypto pitfalls.
The details
- According to Citizen Digital, an anonymous government source said an agreement had been reached to allow Worldcoin to resume operations in Kenya under new guidelines.
- While the specific guidelines remain unknown, the source indicated that operations will recommence in early 2024.
Key quote
The source said:
“Worldcoin is working directly with regulators to meet Kenya’s requirements, particularly as the Assembly considers new regulations. Stipends will remain and will expand to locations across the country.”
Curious about crypto? Learn about it, one real-life solution at a time.
Before now
- Worldcoin launched fully in Kenya in July and gained popularity with over 350,000 registrations in its first week.
- Controversies arose regarding the safety and privacy of the system, leading to warnings from Kenyan authorities.
- The Kenyan Ministry of Interior suspended Worldcoin and a parliamentary committee was formed to investigate the project.
- The committee was given 42 days to complete its investigations and submit a report.
- Following the investigations, the committee confirmed that the ODPC data controller certificate issued to the company earlier in April had been revoked.
